Socialism

Being the good socialist he is, Mayor Zohran Mamdani of New York City recognizes that gold represents sound money and commerce. Naturally, he wants to tax it into oblivion.

Government entities like the Postal Service operate in a world of market prices, so they are not fully socialist. However, they still are subject to the limitations of socialist calculation problems.

A century after Ludwig von Mises exposed the fundamental weakness in the socialist economy, Jesús Huerta de Soto demonstrates why Mises was right and his detractors were wrong. In Friday Philosophy, Dr. David Gordon explains why Huerta de Soto is right.

Politicians say they can “fix” the economy. But economists Friedrich Hayek and Ludwig von Mises pointed out how government “fixes" lead to bigger problems. 

Ryan McMaken is interviewed by John Stossel for this interview about what we can learn from Mises and Hayek.

Issues of homelessness and vagrancy in public spaces and on public transportation are made worse because government ownership of the property does not allow for exclusion. Instead, we get the “tragedy of the commons.”

Modern academic historians have been captured by the cultural Marxists, no matter how much they deny the obvious truth.

Modern academic historians have been captured by the cultural Marxists, no matter how much they deny the obvious truth.

When someone argues in favor of state control of economic processes, they are, by definition, presenting an argument based upon the ad baculum fallacy, the “appeal to force.”

Although Marxism has thoroughly permeated higher education, few employed there will admit to being Marxists. Instead, they employ Marxist terms to promote their social visions of deconstructionism.

Germany’s “social-ecological transformation” is the political program of turning the existing social market economy into what the government calls a “social-ecological market economy.” In practice, this means a planned economy.